Welcome to our dedicated page for Horizon Techn news (Ticker: HRZN), a resource for investors and traders seeking the latest updates and insights on Horizon Techn stock.
Horizon Technology Finance Corporation (NASDAQ: HRZN) generates a steady flow of news as a specialty finance company and business development company focused on secured lending to growth-oriented businesses. News coverage for HRZN often centers on its lending activity in the technology, life science, healthcare information and services, and sustainability industries, as well as developments in its capital structure and corporate strategy.
Investors following HRZN news can expect regular updates on quarterly and annual financial results, including net investment income, portfolio yields, net asset value per share and portfolio composition. Earnings releases are typically accompanied by management commentary on originations, loan prepayments, credit quality and liquidity, giving insight into how Horizon’s secured loan and warrant portfolio is evolving over time.
Another key stream of Horizon news involves distributions and dividend policy. The company frequently announces monthly cash distributions, with details on ex-dividend dates, record dates and payment dates, and provides context on how its board of directors evaluates taxable income, spillover income and long-term outlook when setting distribution levels. These announcements are often paired with information about the company’s Dividend Reinvestment Plan for shareholders who choose to reinvest distributions.
HRZN news also covers capital markets and financing transactions, such as offerings of public notes, convertible notes and amendments to credit facilities. Press releases and related SEC filings describe new note issuances, interest rates, maturities, redemption terms and intended uses of proceeds, including repayment of existing indebtedness and general corporate purposes.
In addition, Horizon’s disclosures include updates on strategic transactions, notably the announced merger agreement under which Monroe Capital Corporation would merge with and into Horizon, subject to approvals and closing conditions. Investors can monitor this news stream for progress on the merger, related regulatory steps and any changes to the expected structure. For a comprehensive view of HRZN-related developments, this news page aggregates company press releases and market-moving announcements in one place.
Horizon Technology Finance Management (NASDAQ: HRZN), a specialty finance company providing secured loans to venture capital and private equity backed companies, has appointed Danny Hurwitz as Managing Director. Hurwitz brings over 30 years of experience in investment banking and institutional equity sales.
In his new role, Hurwitz will focus on originating new investments, particularly through investment banking, investor relations, and broker channels, with an emphasis on lending to small-cap public companies. Prior to joining Horizon, he served as Managing Director at Seaport Global, where he successfully expanded the firm's client base and capital-raising network.
Horizon Technology Finance (NASDAQ: HRZN) has released its Q2 2025 portfolio update, highlighting $59.7 million in new loan originations across multiple sectors including medical devices, education, and EV charging. The company experienced significant liquidity events, with $79.8 million in loan payoffs and $0.8 million in equity and warrant proceeds.
The quarter ended with a committed backlog of $149.0 million to 16 companies, down from $235.5 million in Q1 2025. HRZN maintains a portfolio of warrant and equity positions in 99 portfolio companies, including 86 private companies. The company received $15.7 million in regularly scheduled principal payments and closed $66.2 million in new loan commitments to five companies during Q2 2025.
Horizon Technology Finance (NASDAQ: HRZN) announced a significant leadership transition as Michael P. Balkin has been appointed as the new Chief Executive Officer, effective June 5, 2025. This appointment comes as part of the company's succession planning, with current CEO Robert D. Pomeroy, Jr. and President Gerald A. Michaud announcing their retirements.
Balkin, who has served as an independent director since June 2023, brings over three decades of experience, including roles as Partner and Co-Manager of the Small-Cap Growth Fund at William Blair and Partner/CIO at Magnetar Investment Management. Pomeroy will continue as Chairman of the Board, while Michaud will remain involved through 2025.
The new CEO plans to maintain Horizon's focus on venture debt portfolio growth, emphasizing high-quality, small-cap growth companies, while pursuing the company's investment objective of generating current income from debt investments and capital appreciation from warrants.
Horizon Technology Finance (NASDAQ: HRZN), a specialty finance company affiliated with Monroe Capital, has announced its upcoming monthly distributions for Q3 2025. The company will distribute $0.11 per share each month in July, August, and September 2025, totaling $0.33 per share.
Key distribution dates include:
- July payment: Ex-dividend and record date June 16, payment on July 15
- August payment: Ex-dividend and record date July 16, payment on August 15
- September payment: Ex-dividend and record date August 18, payment on September 16
Since its IPO in 2010, Horizon has distributed $313 million to shareholders. The company maintains a Dividend Reinvestment Plan (DRIP), allowing stockholders to automatically reinvest distributions into additional shares unless they opt out. DRIP shares can be issued as new stock or purchased from the open market, with valuation based on closing prices or average purchase prices respectively.
Horizon Technology Finance (NASDAQ: HRZN), a specialty finance company providing secured loans to venture capital-backed companies, has scheduled its first quarter 2025 financial results announcement for April 29, 2025, after market close.
The company will host a conference call on April 30, 2025, at 9:00 a.m. ET to discuss the results. Key executives including CEO Robert D. Pomeroy, Jr., President Gerald A. Michaud, COO/CIO Daniel S. Devorsetz, and CFO Daniel R. Trolio will participate in the call.
Investors can join via phone at (877) 407-9716 (domestic) or (201) 493-6779 (international) using conference ID 13752635, or through a live webcast on the company's website. The webcast recording will be available for 30 days following the call.
Horizon Technology Finance (NASDAQ: HRZN) reported strong Q1 2025 performance with $100.3 million in new loan originations and $2.0 million in equity investments. The company's venture debt portfolio grew for the third consecutive quarter, while maintaining a robust committed backlog of $235.5 million across 19 companies.
Notable Q1 achievements include $68.1 million in loan payoffs generating accelerated income and prepayment fees. The company funded diverse sectors including gene therapy, oncology research, agricultural technology, and healthcare solutions. HRZN closed $121.8 million in new loan commitments to seven companies, up from $80.2 million in Q4 2024.
The company maintains a portfolio of warrant and equity positions in 105 portfolio companies, including 93 private companies, positioning itself for potential future returns. Regular principal payments received totaled $11.2 million during the quarter.
Horizon Technology Finance (NASDAQ: HRZN) has declared monthly cash distributions of $0.11 per share for April, May, and June 2025, totaling $0.33 per share. The company, a specialty finance provider affiliated with Monroe Capital, offers secured loans to venture capital-backed companies in technology, life science, healthcare information services, and sustainability sectors.
Since its IPO in 2010, Horizon has distributed a total of $304 million to shareholders. The company maintains a Dividend Reinvestment Plan (DRIP) allowing automatic reinvestment of distributions into additional shares unless stockholders opt out. DRIP shares can be issued as new stock or purchased from the open market, with valuation based on closing prices or average purchase prices respectively.
Horizon Technology Finance (NASDAQ: HRZN) has released its Q4 and full-year 2024 financial results. The company reported Q4 net investment income (NII) of $10.4 million ($0.27 per share), down from $15.0 million ($0.45 per share) in the prior-year period. The total investment portfolio reached $697.9 million with a debt portfolio yield of 14.9%.
Key Q4 metrics include NAV of $336.2 million ($8.43 per share), funding of seven loans totaling $59.1 million, and raising $18.8 million through ATM offerings. The company maintained strong liquidity with $100.9 million in cash and $244.0 million in credit facility capacity.
For full-year 2024, NII was $47.8 million ($1.32 per share), compared to $61.4 million ($1.98 per share) in 2023. The company funded 25 loans totaling $197.2 million and achieved an annual portfolio yield of 15.6%. HRZN has declared regular monthly distributions of $0.11 per share through June 2025.
Horizon Technology Finance (NASDAQ: HRZN), a specialty finance company providing secured loans to venture capital-backed companies, announced it will release its fourth quarter 2024 financial results on Tuesday, March 4, 2025, after market close.
The company has scheduled a conference call to discuss the results on Wednesday, March 5, 2025, at 9:00 a.m. ET. The call will feature remarks from key executives including the CEO, President, COO/CIO, and CFO. Participants can join via phone or through a live webcast on the company's website, which will remain available for 30 days following the call.